China’s Digital Yuan Wallet App Now in iOS and Android App Stores
China’s central bank has released its digital currency wallet app ahead of the Winter Olympics. The wallet app for the digital yuan, also known as e-CNY, can now be downloaded from the iOS and Android app stores in the country. Digital Yuan Wallet App Now Downloadable From iOS and Android App Stores China’s central bank, the People’s Bank of China (PBOC), has released a pilot version of its central bank digital currency (CBDC) wallet application. Developed by the PBOC Digital Currency Research Institute, the wallet app for e-CNY, also known as....
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The “e-CNY (Pilot Version)” app was made available for download in the Chinese Android and Apple app stores on Tuesday. As China’s central bank steps up its effort to create a digital currency, the country has released a pilot edition of its digital yuan wallet application on mobile phone app stores.The People’s Bank of China (PBoC) digital currency research institute developed the “e-CNY (Pilot Version)” app, which was available for download on Chinese Android and Apple app stores on Tuesday in Shanghai.According to a tweet from BlockBeats, a local news source, individual users in China....
The pilot version of China’s official digital yuan wallet app has become the most downloaded app in local mobile app stores. The official digital yuan wallet app that was released as a pilot version to be used in select cities has still managed to top app store charts in its first week.Developed by the Digital Currency Research Institute of the People’s Bank of China (PBoC), the app became available for download on Chinese Android and Apple app stores last Tuesday.The app is still in an experimental phase and is only accessible to select individuals through authorized e-CNY service....
Three Republican senators are pushing to prohibit portals from allowing apps that facilitate payments of China’s digital yuan out of concern that it could be used for espionage against American citizens. The proposed “Defending Americans from Authoritarian Digital Currencies Act” would outlaw the use of China’s e-CNY for app stores and other uses in the […]
Twenty million yuan ($3 million) in China’s central bank digital currency will be given away to 100,000 people in the country’s largest test of the digital yuan to date. The digital currency will be accepted at 100,000 stores, including JD.com, one of China’s largest online retailers. $3 Million in Digital Yuan Giveaway The Chinese city of Suzhou, located west of Shanghai, is reportedly gearing up to hand out 20 million yuan in the country’s central bank digital currency (CBDC) to 100,000 residents, according to a statement posted Friday by the Suzhou municipal....
A major Chinese city is giving away 10 million yuan in the country’s central bank digital currency this weekend. Recipients can use their digital yuan at 3,389 stores next week. The city aims for the giveaway to boost usage of the new government-backed digital currency. Chinese City Giving Away Digital Yuan The Chinese city of Shenzhen is giving away a total of 10 million yuan ($1.49 million) in the country’s central bank digital currency (CBDC) to 50,000 residents in an effort to boost its usage, the South China Morning Post reported Friday. This is part of the digital yuan....